A Native American tribe says it has reached an agreement to buy land it considers sacred in South Dakota's picturesque Black Hills, ending weeks of worry about possible development on the land.
Tribe President Cyril Scott says in a statement obtained by the Associated Press that the Rosebud Sioux's bid on nearly 2,000 acres of pristine prairie grass was accepted by the land's owners. The tribe has deposited $900,000 as an earnest deposit. Scott says the remaining $8.1 million of the agreed-upon $9 million purchase price has to be paid by Nov. 9.
Plans to auction off the land prompted outcry from the Great Sioux Nation because the land plays a key role in the creation story of the tribes. Scott says the owners invited private parties to bid instead.
Most Popular Today
Roads In Northern, Western Minnesota Get Speed Limit Boost
- 2.Your Money Matters
The Wage Gap
- 3.Retail & Restaurants
Sears 4Q Loss Narrows, Sales Slide As Business Shifts
- 4.Retail & Restaurants
Restaurant To Donate Contributions To CMN Thursday
FCC Approves New Internet Regulations
- 6.Retail & Restaurants
Orion Breakfast Pizzas Expanding In Walmart Stores
Looking At 2015's Economic Outlook
- 8.Development, Local Races
Civic Center Expansion Emotional Issue At Rapid City Forum
Thursday Morning Business Brief
Friday Morning Business Brief